Funding arb · Price arb /

NBIS

RWAall NBIS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0493%/8h= +54.0% APRpaid last 24h +0.162%

Price spread now: edgeX against HTX−0.098%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.860%+$86 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.098% cheaper against HTX than usual: you would sell low and buy high (spread −0.098% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 16 hours of funding at the current rate (+$15 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX NBIS-USDT	234.38	0	get 0.0000% / 8h	3h 26m	$15K	$60K	20x
Short	edgeX NBISUSDC	234.15	0.0493	get 0.0247% / 4h	3h 26m	$38K	$225K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against HTX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HTXbpFee edgeXbpOrdersPrice spread, now −0.098%Rate

Funding earned: $103.55
Price spread: −0.098% → 0.000%: −$9.79
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $72.76
Costs to cover: 0.210%
Break-even: 2.1 days

Slippage unknown: HTX: no order-book sample; edgeX: live order book, 25 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX no order-book sample	—	—	—	—	—
Sell edgeX live order book, 25 min ago	5.98 bp	16.7 bp −$17	doesn't fit	doesn't fit	doesn't fit

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NBIS on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NBISUSDT	0.0000%	8h	234.20	−0.079%	$79K	$310K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	233.89	−0.207%	$147K	$697K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	233.93	−0.190%	$19.2M	$84.8M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	233.86	−0.222%	$5.0M	$6.3M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	233.75	−0.269%	$3.4M	$16.2M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	233.94	−0.188%	$2.7M	$5.0M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	233.86	−0.222%	$2.4M	$4.4M	20x	as long as short
Variational Omni NBIS	0.0000%	8h	234.33	−0.022%	$2.9M	$555K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	234.17	−0.091%	$4K	$119K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	234.21	−0.073%	$998	$1.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	233.99	−0.166%	$35K	$49K	10x	as long as short
HTX NBIS-USDTlong	0.0000%	8h	234.38	long leg	$15K	$60K	20x
Phemex NBISUSDT	0.0000%	8h	234.05	−0.141%	$1.6M	$954K	10x	as long as short
BloFin NBIS-USDT	+0.0028%	8h	234.00	−0.162%	$206K	$206K	20x	as long as short
QFEX NBIS-USD	+0.0034%	1h	234.19	−0.081%	$1.5M	$4.0M	10x	as long as short
Arcus NBIS-USD	+0.0040%	1h	234.00	−0.162%	$42K	$132K	5x	as long as short
Nado NBIS-PERP	+0.0040%	1h	234.09	−0.125%	$38K	$115K	3x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	234.33	−0.021%	—	$216K	5x	as long as short
Kraken Futures PF_NBISUSD	+0.0048%	1h	233.97	−0.173%	$23K	$15K	20x	as long as short
tradeXYZ xyz:NBIS	+0.0050%	1h	233.85	−0.226%	$54.5M	$20.1M	10x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	234.01	−0.158%	$147K	$456K	10x	as long as short
SoDEX NBIS-USD	+0.0050%	1h	233.99	−0.166%	$94	$21K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	234.15	−0.098%	$160K	$502K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	233.97	−0.175%	$482K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	234.04	−0.145%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	233.99	−0.167%	—	—	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0104%	1h	234.20	−0.077%	$375K	$736K	10x	as long as short
Phoenix NBIS	+0.0239%	1h	234.06	−0.137%	$7K	$150K	10x	as long as short
Lighter NBIS	+0.0248%	1h	234.03	−0.149%	$927K	$3.9M	10x	as long as short
Entropy io:NBIS	+0.0371%	1h	234.13	−0.107%	$10.2M	$3.2M	10x	as long as short
edgeX NBISUSDCshort	+0.0493%	4h	234.15	−0.098%	$38K	$225K	10x